[2] In line to Hungarian "Eastern Opening" policy,[3] and due to Indonesian political weight and market potentials, Hungary considered Indonesia as one of the most influential states in the ASEAN.

[2] In 6–7 March 2013, Indonesian President Susilo Bambang Yudhoyono paid a state visit to Hungary.

However, the economic slowdown that hit Europe caused trade to slump to US$183.5 million for the period of January - October 2012.

[6] Indonesian exports to Hungary include rubber and its products, textiles, footwear, palm oil, spices, leather, rattan, plastics and handicrafts, while Hungarian export to Indonesia are pharmaceuticals, chemicals, electric, electronic and optical products, power engineering equipment and machinery.

[4] Other than trade and investment, bilateral cooperation has expanded to various sectors, including cultural exchanges and education, information, technology and engineering, as well as water management, environment and healthcare.